As of August 2024, RMB M2 has officially exceeded 300 trillion, not only exceeding the US dollar, but also the euro, and even the sum of the US dollar and the euro. If the RMB can be freely convertible, the exchange rate will be sky-high. Therefore, even if you don't speculate in cryptocurrencies, exchanging some USDT can also play a role in hedging risks. #usdt